$BTC Who will win? The accumulation in 15m or the distribution in 1h and 4h? We are in a battle within the crypto world, with many doubts about where the price will go within this range. Yesterday I commented on a trade to take considering the accumulation of #Wyckoff seen in 15m (even clearer in 5m). I have decided to take partial before the rebound, since the dominance is the distribution in higher time frames, and that can push the price back. I have also adjusted the Stop Loss to ST, since the price should not reach there again (Profits guaranteed) The big question is, will this 5m/15m accumulation in Support Zones of the 4h distribution be enough for the price to go up?
The Spring is close to being completed, so the moment to execute is near. Here is my main idea, the entry point should be taken between the SC and the ST in Phase B, as low as possible.
Remember that we are against the trend in 1H and 4H, do not over-leverage.
Accumulation or redistribution? In my previous post, I made an analysis of my doubts in the current market, using Wyckoff's logic. Now I find it appropriate to comment on the current situation of $BTC in 15M, since it is a little different from what we have been seeing. Currently, there is a beginning of accumulation or redistribution. What are the differences? - If it is an accumulation, the price will try to get rid of those who entered the ST Phase B to take liquidity and will raise the price quickly and with great force. - If it is a redistribution, the price will try to simulate that the false SOS generated previously will be broken to make the market believe that the bullish phase has returned, and then red candles will continue, bleeding the market.
No matter what, it is important to know that if the market does the expected Spring and returns to SC prices, the price will go up and it is possible to set a valid entry under these parameters, we know the Stop Loss and we know what the market is looking for.
Keep in mind that this chart goes in the opposite direction to the 1h and 4h charts, so you have to be careful
Completely disoriented! $BTC #analysis I analyze technically and I analyze fundamentals, and I find triggers that could take the price in both directions. I will start with the technical analysis. The technical analysis gives me a clearly bearish outlook, of distribution. If you look at 4h, we would be in a context of Last point of Sell (the first, it would be necessary to break the 91K to confirm it) If I go to a shorter time frame (1H), after what was the fall of the 108K, I can find a redistribution scheme. We are in the LPSY of the two structures, so the conclusion would be clearly bearish, or the end of an era. However, these distributions are not usually short, they usually last a long time, at least months. Basically, we are close to Trump's inauguration (it should be a "bullish boom" knowing his way of seeing cryptocurrencies). Currently, will we be in April 2021 waiting for December in 6 or 7 months? Or will the whales simply not let this distribution conclude and break the pattern upwards? It is a difficult time to take action, it is better to look from the outside and carefully observe how the market adjusts itself, in order to be able to take concrete actions.
I think this market shake is nothing more than a pullback to generate chaos within the reaccumulation that is taking place (and in my opinion is close to finishing). Soon $BTC will reach 114K... On the other hand, I want to mention that both $BNB and $XRP handled this shake very well, gaining dominance within the market. BNB is coming in strong.
incorrect analysis, I will adapt it with new highs
BNBLover77
--
Bearish
This moment in the market is very useful for studying and drawing conclusions. With Alt Coins that made a 5x in 1 week, or lesser-known Coins that made larger numbers, the moment of euphoria is total. I believe it is a good time to understand what is happening in $BTC , as that will affect the coins that follow. Currently, I am seeing a manual re-accumulation, and I am waiting for a sharp movement to seek to break the AR (generating panic and terror) to liquidate bullish positions before the moon deployment stage begins. If this occurs, it will be a sharp movement, and it will be very difficult to enter, so special attention must be paid. I will keep you updated. #Wyckoff #Reaccumulation
This moment in the market is very useful for studying and drawing conclusions. With Alt Coins that made a 5x in 1 week, or lesser-known Coins that made larger numbers, the moment of euphoria is total. I believe it is a good time to understand what is happening in $BTC , as that will affect the coins that follow. Currently, I am seeing a manual re-accumulation, and I am waiting for a sharp movement to seek to break the AR (generating panic and terror) to liquidate bullish positions before the moon deployment stage begins. If this occurs, it will be a sharp movement, and it will be very difficult to enter, so special attention must be paid. I will keep you updated. #Wyckoff #Reaccumulation
Regardless of whether someone says HODL or "close", that risk management (trading with TP and without SL) will never give you long-term benefits. Reassess your strategy, this is not a game.
#2024WithBinance This year was a very strange year for those of us living in Argentina, especially because regulations arrived in the crypto sector. I believe a door has been unlocked that must be opened carefully, in order to avoid powerful intermediaries sabotaging our efforts.